The Business Research Company’s report on the Laptops Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the laptops market’s growth in recent years?
The growing internet penetration is expected to fuel the growth of the laptops market in the forecast period. Globally, the number of internet users is increasing by more than 8% annually and the average global internet user spends over 6 1⁄2 hours per day online. More than three quarters of the world’s larger economies of internet users go online via desktops and laptops. For instance, in February 2023, according to Meltwater, a Netherlands-based software company, internet users in the UK climbed by 224 thousand (+0.3 percent) between 2022 and 2023. There were 66.11 million internet users in the UK overall. Therefore, the growing internet penetration is expected to drive the growth of the laptop market during the period.
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How does the future projection of the laptops market size compare to its historical growth?
The laptops market size has grown strongly in recent years. It will grow from $259.11 billion in 2024 to $281.88 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to mobile computing trends, business and professional use, education technology integration, entertainment and media consumption, gaming and esports.
The laptops market size is expected to see strong growth in the next few years. It will grow to $391.11 billion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to continued remote work trends, hybrid and flexible work models, evolving educational technologies, increasing digital content creation, affordable and entry-level options. Major trends in the forecast period include focus on long battery life, increased storage capacities, enhanced graphics performance, privacy and security features, remote work-friendly features.
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Which key players are shaping the future of the laptops market?
Major companies operating in the laptops market include Apple Inc., Dell Technologies Inc., HP Inc., Lenovo Group Limited, ASUStek Computer Inc., Acer Inc., Microsoft Corporation, Samsung Electronics Co. Ltd., Huawei Technologies Co. Ltd., MSI (Micro-Star International Co. Ltd.), Razer Inc., Panasonic Corporation, Fujitsu Limited, VAIO Corporation, System76, Gigabyte Technology Co. Ltd., Origin PC, Alienware Corporation, Chuwi Innovation Limited, Xiaomi Corporation, Jumper Technology Co. Ltd., Eurocom Corporation, Eluktronics Inc., Sager Notebook Computers, TUXEDO Computers GmbH, Dynabook Inc.
What trends will propel the growth and evolution of the laptops market?
Major companies operating in the laptop industry are focusing on developing all-in-one laptops and desktops to drive their revenues in the market. For instance, in September 2023, AsusTeK Computer Inc. a Taiwan-based company that manufactures laptops launched a new lineup of all-in-one laptops and desktops. This new lineup includes the Asus S500SE, Asus S501ME, and ROG DT. Asus S500SE which features an Intel Core i7 processor that can reach the 13th generation, is excellent for a variety of tasks, including daily content creation and home entertainment. Asus ROG DT G22 features an Intel Core i7 processor and is made with gamers in mind and games and programs run smoothly on it.
Which regions are expected to become dominant players in the laptops market?
North America was the largest region in the laptops market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global laptops market share report during the forecast period. The regions covered in the laptops market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the laptops market, and how are they evolving?
The laptops market covered in this report is segmented –
1) By Type: Ultrabook, Netbook, Notebook, Other Types
2) By Laptop Screen Size: More Than 17″, 15.0″ To 16.9″, 13″ To 14.9″
3) By End-Use: Personal, Business, Gaming
Subsegments:
1) By Ultrabook: Thin And Light Ultrabooks, Performance-Oriented Ultrabooks, 2-In-1 Ultrabooks (Convertible)
2) By Netbook: Basic Netbooks For Web Browsing, Lightweight Netbooks For Portability, Education-Focused Netbooks
3) By Notebook: Standard Notebooks, Gaming Notebooks, Business Notebooks, Multimedia Notebooks
4) By Other Types: Chromebooks, Rugged Laptops, Workstation Laptops, MacBooks (Apple Laptops)
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How is the laptops market defined?
A laptop, sometimes called a notebook computer by manufacturers, is a battery- or AC-powered personal computer typically smaller than a briefcase that can be easily transported and conveniently used in temporary spaces such as airplanes, libraries, meetings, and temporary offices.
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